Comments on: Increase Your Net Worth at Mint.com

By: thomas

thomas — Sun, 22 Feb 2009 17:13:12 +0000

Definitely not a fan of cyberhomes as they informed me that my home value dropped so much. Good times I tell ya.

By: Andrew

Andrew — Fri, 20 Feb 2009 15:35:19 +0000

Mint uses Yodlee Moneycenter on the backend, but Mint must not use it for categorization . Two years ago when I got started, Yodlee had custom categories and I think Mint just recently added that. Yodlee is usually pretty spot on for me and I normally just have to adjust Paypal transactions.

By: DR

DR — Fri, 20 Feb 2009 10:51:20 +0000

I’ve always liked Mint’s interface and features. But the one thing still driving me crazy is that in order to classify all your expenses, you have to do a lot of manual editing. I wish the money management software folks would get together with the banking folks and work out a standard so that transactions could be easily and automatically classified.

By: Tim

Tim — Thu, 19 Feb 2009 21:41:04 +0000

I used mint.com, but I decided that having all that information held by one website was not a good idea at all. although the concept is good, people really need to be vigilant in protecting their private information. especially given all the security leaks and ad hoc changes in terms of service/use (look at facebook).

By: Archetypical

Archetypical — Thu, 19 Feb 2009 21:09:17 +0000

Thanks for the tip on Mint. I had been using yodlee, but this seems to have some better categorization algorithms. Both allow you to count your mortgage and loan information in your net worth, but the interface at Mint is a bit sleeker as well. When it comes to home valuation, yodlee uses zillow (dot com), which, in my area, seems more in step with what houses are actually selling for than cyberhomes is. Either way, the site is a great tool — thanks Smithee!

By: Beth

Beth — Thu, 19 Feb 2009 14:07:38 +0000

Good to know. Thanks for the tip.